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Hearing Aid Clinics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hearing Aid Clinics Market Research Report | Life Sciences | Healthcare Services | Jun 2013

Loud and clear: An aging population and greater healthcare access will ring in demand

IBISWorld’s Hearing Aid Clinics market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Amplifon USA Amplifon USA market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-0.2%
Annual Growth 13-18
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Profit
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Employment
15,501
Businesses
5,157
Industry Analysis & Industry Trends

The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. During the next five years, however, the industry is expected to improve, largely due to the implementation of the Patient Protection and Affordable Care Act. In addition, the number of individuals suffering from hearing deficiencies is expected to remain high as a result of the diabetes epidemic, the rising use of mobile music devices and an aging US population.... purchase to read more

Industry Report - Industry Products Chapter

Digital hearing aids

Digital hearing aids are estimated to account for 65.0% of industry revenue in 2013. Digital hearing aids are similar to analog hearing aids but have more technological advancements and are generally more costly. Digital hearing aids use digitized sound processing to provide a clear, amplified, distortion-free sound. The price difference between digital and analog hearing aids has decreased over the past five years, however, so this segment has grown over the five years to 2013 as they have become more affordable and consumers increasingly prefer the better sound quality from digital aids over analog hearing aids... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hearing Aid Clinics Industry?

This industry retails hearing aids for consumers of all demographics and ages. Industry operators often provide hearing tests and consultation services within the store as well.

Industry Products
Analog hearing aidsDigital hearing aidsBatteries and accessories
 
Industry Activities
Selling hearing aid devicesProviding audiology examinationsProviding hearing consultation services


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